Market Update 7:17 PM ET — Bearish Breadth, 317 Bull Setups Active | September 24, 2026

Market Conditions at 7:17 PM ET

Breadth is firmly negative at 7:17 PM ET, with only 22% of the 1,422 stocks in our scan flashing bull setups—317 against 426 bear setups. The average SCTR sits at a washed-out 5.3, and SPY is pinned at an SCTR of 0 with zero bull counts and no trend structure to speak of. That combination tells you leadership has evaporated at the index level; the few names working—BWET, ABTC, AMDG, AIRS, BDSX—are isolated momentum vehicles, not the start of a broad thrust. Meanwhile BYND, AMDD, and AIXI are stretched to the upside and vulnerable to snapback. With breadth this lopsided, the path of least resistance over the next 60–90 minutes is lower. Bear setups outnumber bulls by roughly 4-to-3, and an SCTR of 5.3 means the median stock has already lost its intermediate trend—rallies into this tape get sold. Watch SPY for failed reclaim attempts; unless bull counts expand above 400 quickly, expect grind-down pressure and rotation into the handful of extended names as the only pockets of green. Track the live breadth dashboard for real-time bull/bear count shifts as the session develops.